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400 down payments : 1200 = 1 down payment : 3 payments or 1/3 dp : 1 payment

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โˆ™ 2014-04-13 20:19:52
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Q: What is the ratio of 400 down payment to the amount of 1200?
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Related questions

Which of the Jim made a 400 down payment on a washer and dryer that cost a total of 1200what is the ratio of the amount paid to the amount owed?

1200-400 equals the amount owed which is 800 dollar. Therefore initial ratio of the amount paid to the amount owed is 400:800 which reduces to 4:8 and then further down to 1:2.


How do you use a mortgage calculator to figure your necessary down payment?

A mortgage calculator will allow you to put in the amount that you wish to borrow from the bank along with the interest. It will then tell you the monthly payment. The monthly payment will adjust as you increase or decrease the amount of the down payment.


What is down payment with regard to buying a house?

3.5% of Loan amount


What is the installment price minus the down payment equal to?

amount financed


What is down payment with regard to buying a house.?

3.5% of Loan amount


What is a down payment with regard to buying a house?

3.5% of Loan amount


What type of purchases require a down payment?

Several purchases require a down payment. Some examples are houses, cars and boats. The amount of the down payment is negotiated between the buyer and the seller of the purchase.


When is mortgage considered high ratio in Canada 20 or 25?

A mortgage with less than 20% down payment is considered high ratio.


With 1200 dollars to help pay off mortgage which would be quicker pay 1200 dollar towards principle payment once a year or equal amounts of the 1200 dollars added to the principle payment every month?

The earlier you pay down the principal, the shorter the loan, and shorter is cheaper unless there are pre-payment penalties (the bankers have children to feed as well).


How helpful is a mortgage calculator for estimating a down payment?

The calculator lets you plug in various down payment amonuts to see what your monthly payments will be. This will allow you to determine the proper amount for a down payment, and the peace of mind to know that you can afford the monthly payment.


How are installment loans calculated?

amount finaced=cash price - down payment


How installment loans are calculated?

amount finaced=cash price - down payment

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